Yellow Roadway Cuts Guidance on Katrina Damage

Back to Kansas Feeds
Updated: 5:58 PM Sep 8, 2005 Yellow Roadway Cuts Guidance on Katrina Damage Transportation company Yellow Roadway expects its third-quarter profits to be hurt by Hurricane Katrina as well as internal issues. Posted: 5:58 PM Sep 8, 2005 Reporter: AP

Font Size:

Transportation company Yellow Roadway expects its third-quarter profits to be hurt by Hurricane Katrina as well as internal issues.

The Overland Park-based firm today lowered its earnings projection for the three-month period ending in October.

Yellow Roadway now expects quarterly earrings of a $1.40 to a $1.45 per share, down $.20 cents from its earlier forecast.

Analysts surveyed by Thomson Financial had expected quarterly earnings of a $1.63 per share.

The company predicts that disruptions caused by Hurricane Katrina to reduce profits by five cents per share. But it blamed most of the lowered forecast to problems in revising the operations of its Roadway Express division.

More Stories

KAKE Headlines
Parade Set for Champion Jayhawks Last Updated: 8:51 PM 04/09/08 - Fans can line up on Mass this Sunday to honor the Hawks. (Full Story)
Crime Decreases in the Capital City Be the First to Comment! Last Updated: 10:22 PM 04/09/08 - Crime decreases in the first quarter of they year more than 23%. (Full Story)
Firefighters Hold Fundraiser to Honor Fallen Comrade Be the First to Comment! Last Updated: 10:45 PM 04/09/08 - Thursday night you can get pizza and help Topeka Firefighters honor a fallen comrade. (Full Story)
KBI Takes Up Goodyear Worker Death 11 Comments Last Updated: 4:43 PM 04/09/08 - The Kansas Bureau of Investigation began investigating the incident on Monday and will send its findings to the District Attorney's office (Full Story)
Fort Riley Soldiers Set to Return Last Updated: 6:52 PM 04/09/08 - The first wave of 500 soldiers return to Kansas Thursday. (Full Story)
Defense Begins in Soldier Stabbing Be the First to Comment! Last Updated: 9:25 AM 04/10/08 - Government rests its case against Spec. Latoya Pitts for the stabbing death of a fellow soldier outside a Manhattan bar last October (Full Story)
More Headlines

Legion Riders to escort Canadian Air Force airmen
this morning is Friday, March 12 The American Legion Riders will don a maple leaf alongside their traditional stars and bars this morning as they escort more than 60 airmen from Canada's Air Force 425th Tactical Fighter Squadron on the firs ...
St. Mary's to have kindergarten meeting
St. Mary's Grade School will host an information meeting for parents interested in its kindergarten program at 7 p.m. March 30 in the school's Library Media Center. The meeting is for parents only. Parents should enter through the north do ...
Man sentenced to more than six years in prison on federal drug charges
Man sentenced on federal drug charges TOPEKA - Carlos Maldonado Aguilar, 42, has been sentenced to about six and a half years in federal prison on firearms and drug trafficking charges in connection with an incident that occurred in Salina, U.S. A ...
Lindsborg voters to weigh sales tax
LINDSBORG -- A sales tax that would be used to lower property taxes, pay off debt at the local hospital and clinic, renovate an old downtown building and fund infrastructure improvements is generating talk in Lindsborg. Voters in the town of 3,3 ...
Inmate accused of trying to get witnesses killed
ABILENE -- A Dickinson County Jail inmate is suspected of attempting to find someone to murder two witnesses in his criminal case. Alan Michael Reed, 23, of Junction City, was arrested Thursday while still in jail. His first appearance in D ...